| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $328M | $277M | $313M | 18.4% | 5.0% |
| Op. Income | $84M | -$217M | $70M | 138.5% | 19.2% |
| Gross Margin | 48.1% | 41.4% | 46.9% | 6.7pp | 1.3pp |
| Net Margin | 7.1% | -97.6% | 6.0% | 104.7pp | 1.1pp |
| EPS (Diluted) | $0.79 | $-11.40 | $0.75 | 106.9% | 5.3% |
| Free Cash Flow | $44M | $2M | $31M | 2301.9% | 42.2% |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $38M |
| Operating Expenses | $74M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $83M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $328M |
| Cost of Revenue | $170M |
| GROSS PROFIT | $158M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $38M |
| Operating Expenses | $74M |
| Cost & Expenses | $245M |
| OPERATING INCOME | $84M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $8M |
| EBIT | $83M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $170.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$483.0K |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$291M |
| Sales/Maturities of Investments | $195M |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $0 |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $231M |
| PP&E (Net) | $166M |
| Goodwill | $602M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.5B |
| Tax Assets | $14M |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $0 |
| Short-Term Debt | $387M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $567M |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $189M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $237.0K |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $954M |
| Minority Interest | $0 |
| TOTAL EQUITY | $954M |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $3.4B |
| Net Debt | $3.2B |
